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Finance Ministers of India

Pranab Kumar Mukherjee
(1982-1985, Feb 2009-May 2009, May 2009-Continuing)

Pranab Kumar Mukherjee is a prominent leader of India National Congress. He has...
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Sectoral Expectations from Union Budget 2011-12: FMCG

India Infoline Research Team / 15:35, Feb 23, 2011

Continued spending for development of rural sector

FMCG

Expectation
 Probability
 Implications
Continued spending for development of rural sector
 High
 Positive for all FMCG companies
Increase in excise duty by 2%
 Low
  
Increase in excise duty on cigarettes
 High
 Negative for cigarette companies
Increase in MAT
 Medium
 Negative for companies paying MAT
Abolition of excise duty on biscuits
 Low
 Positive for biscuit manufacturers


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